Share this property

Directions

Commercial Hotel/Motel Deepwater, 49 Tenterfield Street Deepwater, NSW 2371

Directions

For Sale

Commercial Hotel/Motel Deepwater, 49 Tenterfield Street Deepwater, NSW 2371

Hotel & Leisure
Sale Price

$385,000

Under Contract

Land area

3705.0m²

Floor area

822.0m²

Property extent

Whole

Commercial Hotel/Motel Deepwater

If you have dreamed of owning your own country pub then the Commercial Hotel/Motel Deepwater is your opportunity. Deepwater is located in the New England Tablelands in Northern Tablelands and is home to over 400 people though the number is generally a lot higher due to the location on the busy New England Highway and the hosting of iconic events such as the Deepwater Races. The village is also a tourism hot spot due to the amazing sapphires that can be found and the Cod that can be caught in the local rivers. The village also has a supermarket, roadhouse with mechanic, school, post office, library, shops, golf & tennis clubs and is only 28km from the hospital at Emmaville.

The Hotel/Motel Freehold can be purchased for $385,000. There is current a lease in place with approximately 3.5 years remaining on the initial term. Further details of the lease can be requested and this is for sale separately for $40,000 including stock.

The hotel is licenced to fit up to 300 people in the public bar, restaurant and beer garden areas. There is also an established commercial kitchen, pool table, stage and wood fire heating. If travellers would like to stay the night there a 6 motel rooms that all have Foxtel and are priced from $99.00 per night. There is an additional separate managers residence with 3 bedrooms with built in wardrobes, bathroom, laundry and office with its own private yard.

The purchase of the Commercial Hotel/Motel Deepwater is suited to the keen investor that is after a strong return on their investment or alternatively the budding publican that would love to operate their own pub.

Property ID: 503076654Last Updated: 2 May 2019

0437 *** ***
Commercial Hotel/Motel Deepwater, 49 Tenterfield Street
Deepwater, NSW 2371

Agency contacts

Frank Parry Real Estate - Glen Innes

View Profile

Frank Parry Real Estate - Glen Innes

210 Grey Street
GLEN INNES, NSW 2370
progress tick

Sending email...

Email enquiry

Matthew Velcich

Send to:

Matthew Velcich
Frank Parry Real Estate - Glen Innes
Commercial Hotel/Motel Deepwater, 49 Tenterfield Street Deepwater, NSW 2371

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call

  • Matthew Velcich

    Matthew Velcich

    Frank Parry Real Estate - Glen Innes
    0437 *** ***